President Donald Trump is doubling down on his fight for American families and businesses by demanding the Federal Reserve slash interest rates to historic lows — and he’s doing it his way: boldly, directly, and with unmistakable conviction.
On Monday, Trump sent Federal Reserve Chair Jerome Powell a handwritten note attached to a chart that bluntly calls out the Fed’s “failure” to lower rates while other nations pay next to nothing to borrow money. On his Truth Social platform, Trump didn’t mince words: “The Fed Board should be ashamed of themselves for allowing this to happen to the United States,” he declared, insisting America deserves “1% Interest, or better!”
Trump’s argument is simple: High interest rates cost the nation trillions, suffocate American businesses, and punish hardworking families trying to buy homes or grow companies. Other central banks like the ECB and Mexico’s bank have already acted — why shouldn’t America lead the way? Trump knows the answer: The Fed, under Powell’s stale leadership, refuses to put America first.
White House Press Secretary Karoline Leavitt backed the president’s demand, reminding Americans that cheap borrowing fuels growth, creates jobs, and keeps America competitive. Trump, who appointed Powell in 2018, has never been shy about holding him accountable, labeling him a “fool” for ignoring Main Street’s needs.
As the Fed drags its feet under Powell’s so-called “apolitical” approach, Trump is already planning for the future. He says he’s ready to announce Powell’s replacement — a bold move that signals Trump’s next Fed Chair will fight for ultra-low rates and put American prosperity first.
True to form, Trump is proving once again that he won’t stand by while the Washington establishment drags its feet. He’s fighting for lower rates, lower costs, and a stronger America — one handwritten note at a time.